KazKommertsBank

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Fitch revises outlooks for Halyk and Bank CenterCredit

(Fitch) - Fitch Ratings has on January 22 revised Kazakhstan-based Halyk Bank’s and Bank CenterCredit’s (BCC) Outlooks to Stable from Negative and Evolving, respectively.

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Alnair Capital increases stake in Kazkommertsbank

(SRI) - Alnair Capital, a major shareholder in Kazakhstan’s largest bank Kazkommertsbank, has increased its stake to 28.565 percent, the bank said on Thursday.

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Kazkommertsbank to finance halted construction projects

(SRI) - Kazkommertsbank received KZT20 billion ($134 million) from Kazakhstan’s state holding and investment company Samruk-Kazyna to finance stalled construction projects.

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Kazkommertsbank repays domestic bond

(SRI) - Kazkommertsbank, Kazakhstan’s largest bank, said on Thursday it repaid the remaining principle of a KZT7.5-billion ($50-million) domestic bond issue.

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Kazkommertsbank buys back Eurobond

(SRI) - Last week, Kazkommertsbank, Kazakhstan’s largest bank by assets, reportedly bought back EUR230.1 million of its EUR750-million Eurobond maturing in February 2017.

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Kazkommertsbank net income falls 70 percent in Jan-Sep

(SRI) - Kazkommertsbank, Kazakhstan’s largest lender, said Monday its net profit in the first nine months of the year fell to KZT14.6 billion ($97 million) from KZT49.9 billion ($333 million), a drop of more than 70 percent.

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Kazkommertsbank repays $500-million Eurobond

(SRI) - Kazkommertsbank (KKB) has repaid a $500-million Eurobond at maturity using its own funds, the bank said in a statement on Tuesday.

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Kazkommertsbank repays $76 million worth of Eurobonds

(SRI) - Kazkommertsbank said on Tuesday it had bought back $76 million worth of Eurobonds maturing in November.

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Kazkommertsbank to place $66 million bond issue on KASE

(SRI) - Kazkommertsbank reportedly plans to issue KZT10 billion ($66 million) worth of subordinated bonds on Thursday, 30 July 2009, the Kazakhstan Stock Exchange (KASE) said on Wednesday.

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Kazkommertsbank to consolidate Russian subsidiaries - reports

(SRI) - In response to the global financial crisis, Kazkommertsbank plans to consolidate its Russian assets - Moskommertsbank and Consumer Finance Company (CFC) Group, Russian business daily Kommersant reported.

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